Technical Analysis (Gold) : XAU/USD 25 August 2023

Forex Technical Analysis : XAUUSD (Gold)

Date : 25 August 2023

Momentum : Down

First Scenario : short positions below 1917.57 with targets at 1911.40, 1905.47 and 1899.70

Second Scenario : long positions above 1917.57 with targets at 1924.90, 1930.15 and 1938.11

Comment : RSI - Bearish.

Supports and resistances :

1938.11 **
1930.15 *
1924.90
1914.21 - Last price
1911.40
1905.47 *
1899.70 **

Warning : This information is not a buy-sell signal.